On March 16, 2021, the City Manager delivered a report to City Council entitled Affordable Housing: Recommendations. This report detailed the role and functions the City performs within the spaces of housing production and finance. In addition, the report presented actionable recommendations, both legislative and administrative, designed to substantially increase and encourage affordable housing development and preservation in the City.
On April 14, 2021, City Council passed Ordinance 121-2021. “Designating the Housing Advisory Board to (i) establish the City’s affordable housing policy priorities, including with respect to the Affordable Housing Trust Fund and related capital improvement program project accounts, and (ii) advise the City’s third-party administrator of the affordable housing loan pool of such priorities; and further MODIFYING Section 209-7 of the Cincinnati Municipal Code to clarify that the role of the Housing Advisory Board includes establishment of the City of Cincinnati’s affordable housing policy priorities.”